Potato chip maker Mr Chips has received a full takeover offer from Simplot Australia.
The offer, conditional on a satisfactory report by Grant Samuel &Associates, was for $2.643 per Mr Chips share, and an entitlement to retain a cash dividend of up to $0.257 per share, totalling $2.90 per share.
The offer was also conditional on Simplot achieving acceptances for at least 90 percent of shares.
